From crypto to AI: What CoreWeave’s acquisition says about the market’s boom
Image credit: Lisa Martine Jenkins
The power questions at the heart of the AI-energy nexus are often binary — grid-tied or off-grid, gas or renewables, pure scale or flexibility. This week’s news brought us two new options to consider: buy crypto mining operations and convert them to AI data centers, or propose a wildly outsized data center campus designed explicitly to flatter the current president. The Mount Rushmore of data centers, if you will.
CoreWeave, an Ethereum miner turned AI data center company (and near-meme stock of late), tried to buy high-density computing company Core…
